NOT LISTED FOR SALE

770 Margerum Rd Cherokee, AL 35616

Estimated Value: $157,559 - $203,000

1 Bed
1 Bath
1,400-1,599 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 23, 2012

Last sale price $100,000 $63 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $998/month

126 Days on Market

Highlights

  • Waterfront
  • Central Heating and Cooling System
  • Combination Dining and Living Room
  • Traditional Architecture

About This Home

As of April 2012

Great getaway for the weekend/retirement home. Waterfront on Pickwick Lake/Bear Creek. Lot cleared& provides great view & access to lake. Home under construction - ready to movein. Must see to appreciate.TVA has approved dock & boat ramp 100ft. waterfront

Last Agent to Sell the Property

Wm. Hank Thomas

Crye-Leike Pickwick License #293676 Listed on: 12/12/2011

Crye-Leike Pickwick

Last Buyer's Agent

Wm. Hank Thomas

Crye-Leike Pickwick License #293676 Listed on: 12/12/2011

Crye-Leike Pickwick

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $397

Year Built

  • Built in 2011

Lot Details

  • 3.5 Acre Lot
  • Waterfront

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,500 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Pickwick Lake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$397

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 3200
  • MAAR Subdivision Name: Pickwick Lake
  • Est Date Of Completion: 12/31/2011
  • Number Of Stories: 2
  • Price Per Sq Ft: 66.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1500
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Aluminum/Steel Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Water Frontage
  • Acreage: 3.5
  • Lot Size: 3.5 acres

Multi Family

  • Number Of Rooms: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Apr 23, 2012
Sold by
Tirey James G
Bought by
Bently James E and Bentley Linda L
Seller's Agent
Wm. Hank Thomas
Crye-Leike Pickwick
Buyer's Agent
Wm. Hank Thomas
Crye-Leike Pickwick
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$177,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,140
Avg. Annual Appreciation
4.64%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bently James E $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2012 04/23/12 Sold $100,000 -20.0% $71 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $125,000 -- $89 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $397 $11,560 $1,680 $9,880
2023 $397 $11,040 $0 $0
2022 $378 $10,940 $0 $0
2021 $351 $10,040 $0 $0
2020 $321 $9,020 $0 $0
2019 $322 $9,080 $0 $0
2018 $322 $9,080 $0 $0
2017 $319 $8,960 $0 $0
2016 $319 $8,960 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wm. Hank Thomas

    Seller's Agent in 2012

    Wm. Hank Thomas

    Crye-Leike

    (731) 926-5051

    20 Total Sales

    Wm. Hank Thomas
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3237262

Memphis Area Association of REALTORS®

APN: 04-08-34-0-000-009.000

Alabama Colbert County Cherokee 35616

770 Margerum Rd, Cherokee, AL

This home is located at 770 Margerum Rd, Cherokee, AL 35616 since 12 December 2011 and is currently estimated at $177,140, approximately $110 per square foot. This property was built in 2011. 770 Margerum Rd is a home located in Colbert County with nearby schools including Cherokee Elementary School and Cherokee High School.

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